Misstatements in the financial statements are most likely to occur when there are Omission of notes to the financial statements.
what are financial statements?
Financial statements are documents that describe a company's operations and financial performance. Government organizations, accounting company's, etc. frequently audit financial accounts to guarantee accuracy and for tax, financing, or investment purposes. Accounting statements comprise the
Investors and financial analysts use financial information to assess a company's performance and forecast the course of its stock price in the future. Investors, market analysts, and creditors assess a company's financial status and profits potential using its financial statements. The balance sheet, income statement, and statement of cash flows are the three main financial statements reports.
Learn more about Financial statements here:
https://brainly.com/question/24296949
#SPJ4
